runpaul
New Member

Going from schedules e and c from turbo tax deluxe to turbo tax 1120 S package

I am in the process of switching from an LLC to an S corp election and how will this work when transferring my data from my 2019 tax returns prepared in your Deluxe package which have years of depreciation schedules to a new 1120 S package for turbo tax?  I do not want to re-enter all of the depreciation schedules all over again.  Does Turbo Tax automatically transfer these schedules to the new package.  Please advise.

 

Thanks,

 

Paul